FURNES EIENDOM AS

2335 STANGE

Finances

Share Ownership

Return on Equity

31,68 %

Current Ratio

1,02

Debt-to-Equity Ratio

2,44

Key figures (NOK)	2022	2021	2020
Revenue	9 550 000	8 900 000	4 079 000
Net Income	4 903 000	4 237 000	1 686 000
Total Assets	62 920 000	69 231 000	73 638 000
Total Equity	15 479 000	15 252 000	16 667 000

Income (NOK)	2022	2021	2020
Revenue	9 550 000	8 900 000	4 079 000
Expenditure	2 388 000	2 506 000	1 469 000
Operating Profit	7 162 000	6 395 000	2 611 000
Financial Income	113 000	108 000	41 000
Financial Costs	990 000	1 070 000	491 000
Financial Balance	−877 000	−962 000	−450 000
Earnings Before Tax	6 285 000	5 432 000	2 161 000
Tax	1 382 000	1 195 000	475 000
Net Income	4 903 000	4 237 000	1 686 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	53 113 000	50 950 000	53 770 000
Total Current Assets	9 807 000	18 281 000	19 868 000
Total Assets	62 920 000	69 231 000	73 638 000
Total Retained Equity	6 789 000	6 562 000	7 977 000
Total Equity	15 479 000	15 252 000	16 667 000
Total Long-Term Debt	37 800 000	42 200 000	46 600 000
Total Current Debt	9 641 000	11 779 000	10 371 000
Total Equity and Debt	62 920 000	69 231 000	73 638 000

Cash flow (NOK)	2022	2021	2020
Sales Income	9 550 000	8 900 000	4 079 000
Other Income	0	0	0
Revenue	9 550 000	8 900 000	4 079 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	2 317 000	2 317 000	1 062 000
Impairment	0	0	0
Expenditure	2 388 000	2 506 000	1 469 000
Operating Profit	7 162 000	6 395 000	2 611 000
Financial Income	113 000	108 000	41 000
Financial Costs	990 000	1 070 000	491 000
Financial Balance	−877 000	−962 000	−450 000
Dividends	6 500 000	7 500 000	7 500 000
Net Income	4 903 000	4 237 000	1 686 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	219 000	689 000	1 191 000
Real Eastate	47 945 000	50 262 000	52 578 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	47 945 000	50 262 000	52 578 000
Total Fiancial Fixed Assets	4 950 000	0	0
Total Fixed Assets	53 113 000	50 950 000	53 770 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	7 121 000	12 375 000	12 376 000
Total Current Assets	9 807 000	18 281 000	19 868 000
Total Assets	62 920 000	69 231 000	73 638 000
Total Equity	15 479 000	15 252 000	16 667 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	37 800 000	42 200 000	46 600 000
Creditors	2 000	9 000	17 000
Unpaid Taxes	588 000	554 000	547 000
Dividends	6 500 000	7 500 000	7 500 000
Other Current Debt	102 000	2 308 000	2 115 000
Total Current Debt	9 641 000	11 779 000	10 371 000
Total Equity and Debt	62 920 000	69 231 000	73 638 000

Financial indicators	2022	2021	2020
Return on Equity	31,68 %	27,78 %	10,12 %
Debt-to-Equity Ratio	2,44	2,77	2,8
Operating Profit Margin	74,99 %	71,85 %	64,01 %
Current Ratio	1,02	1,55	1,92
Quick Ratio	1,02	1,55	1,92
Equity Ratio	0,25	0,22	0,23
Gross Profit Margin	100 %	100 %	100 %